Technical Forecast for CGB (Ten-Year Government of Canada Bond)


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


 


Ten-Year Government of Canada Bond did manage a push higher look to 131.70/71 which hold the topside exactly as predicted. However a break higher is possible today to see a gap to fill at 131.96 for a selling opportunity with stops on shorts above 132.10.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!



 


Below 131.40 is more negative. We have support in the 131.02/130.95 band but the daily chart looks negative so be ready to go with a break lower to target 130.65/60.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: BondsTechnicalsMarketsTrading Ideas